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Jul 15, 2011
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don't make me call your bluff into a big thing. the president is saying, you must have a deal within 24 to 36 hours. mr. president, what is your deal? will you pro offer a deal. write it up, put it on a couple pieces of paper and offer it. instead he's saying, cave. give me all the taxes i want. and give me as little restraint on spending as i want. and don't ever count on me to offer a plan. >> sean: some good news today. i was not that happy with senator mccon fell's proposal. but, today -- today he came out as a co-sponsor in the senate of cut, cap and balance. my take is, strategically this is a bit of a chess game many you are great at strategy. why not the house republicans pass, cut, cap and balance send it to the senate, let's see was? >> we gotta have movement. mcconnell is a crafty inside operator. his first offer is never his final offer. i was looking at not what he was suggesting specifically, but the direction. the direction of it was to change the dynamic. mr. president, where is your plan? his proposal required the
don't make me call your bluff into a big thing. the president is saying, you must have a deal within 24 to 36 hours. mr. president, what is your deal? will you pro offer a deal. write it up, put it on a couple pieces of paper and offer it. instead he's saying, cave. give me all the taxes i want. and give me as little restraint on spending as i want. and don't ever count on me to offer a plan. >> sean: some good news today. i was not that happy with senator mccon fell's proposal. but,...
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Jul 15, 2011
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, big difference for him. but right now, he's not where he wants to be, that's for sure. >> could you look at these polls in a different way and say because we're still so far out from the election that people have not -- they haven't decided which republican they want to support. so that's why when you actually put names up against the president, you get such a different result. >> yeah, that could be part of it that we're still unsettled on who it's going to be that we think will be the strongest, you know, give the toughest race to president obama but i really believe there's this great discontent with everything that's happening in washington and i'm dismayed in watching this debt negotiation deteriorate from such a high point to such a low point where we're talking about ramming peas down each other's throats from six days ago, they were talking about an historic generational deal. i think that there are very few arbitors of truth in washington and that the anonymous alternative is more attractive than an
, big difference for him. but right now, he's not where he wants to be, that's for sure. >> could you look at these polls in a different way and say because we're still so far out from the election that people have not -- they haven't decided which republican they want to support. so that's why when you actually put names up against the president, you get such a different result. >> yeah, that could be part of it that we're still unsettled on who it's going to be that we think will...
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Jul 15, 2011
07/11
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s'mores are big for us. i would rather have them at home. so -- who hasn't had a question the past couple days? you? >> you talked a little about kind of the mood in the room and how you're getting kind of get up with some of the discussions -- >> we are set up. i'm saying the president has more patience than job. i don't compete with him in that regard. >> the meeting when it broke down yesterday and president slammed back his chair and stood up and said, see you tomorrow. i'm wondering if you can talk about generally the mood of the meeting last night throughout the whole thing and what happened yesterday? >> i don't understand the problem is if the president of the united states after a meeting over two hours stands up and says see you tomorrow. that's how meetings with president's end. you don't leave first. the president leaves first. so that was completely appropriate, unless somebody in the room thought he or she should have the last word and start the exit from the meeting. but that would be i think a breach of protocol. >> you talke
s'mores are big for us. i would rather have them at home. so -- who hasn't had a question the past couple days? you? >> you talked a little about kind of the mood in the room and how you're getting kind of get up with some of the discussions -- >> we are set up. i'm saying the president has more patience than job. i don't compete with him in that regard. >> the meeting when it broke down yesterday and president slammed back his chair and stood up and said, see you tomorrow....
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Jul 15, 2011
07/11
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. >> what i've tried to emphasize is we have a unique opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm ready to move, even if it requires some tough decisions on my part. >> suarez: the president had previously insisted on extending the debt ceiling through 2012 past next year's election. but after thursday's talks, he settled for asking congressional leaders to review three options with their members. the first-- the so-called "grand bargain" that mr. obama favors-- would cut deficits by about $4 trillion dollars, including spending cuts and new tax revenues. a medium-range plan would aim to reduce the deficit by about half that amount. the smallest option would cut between $1 trillion and $1.5 trillion dollars
. >> what i've tried to emphasize is we have a unique opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm...
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Jul 15, 2011
07/11
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i mean, you need to go there with a big project, working together with the community, to have a big impact. now, the challenge is a lot of people need to be relocated. and the strategy to move people and to bring them back is still not clear. so i prefer not to-- you know, i can give you my opinion, but maybe it's better if i don't. you know, it's like this, when you work with people, it's not easy, never easy. you know, the infrastructure is the soft work. the hard work is dealing with people, is dealing with the governments, dealing with the communities, dealing with the all the institutions, all the interests. so it's dealing with people is, like, the hard work. >> ( translated ): can't you see the government is lying to us? we'll be evicted like dogs one day. >> ( translated ): if you're wise, you should find somewhere to move to now. don't count on being given a house and don't think you'll come back here. when you leave, you are gone for good. >> ( translated ): how much did you say it was? >> ( translated ): that is 5,500. >> ( translated ): and electricity? >> ( translated ): 1,000
i mean, you need to go there with a big project, working together with the community, to have a big impact. now, the challenge is a lot of people need to be relocated. and the strategy to move people and to bring them back is still not clear. so i prefer not to-- you know, i can give you my opinion, but maybe it's better if i don't. you know, it's like this, when you work with people, it's not easy, never easy. you know, the infrastructure is the soft work. the hard work is dealing with people,...
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Jul 15, 2011
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that is the big issue. the issue that the gentleman makes -- moodys, standard and poor's, and others, that is where those who put their money with us look to see if there is something to be nervous about. nervousness in the business world and the investment world is creating a lot of the issues we have right now. it is the unknown that keeps people from reaching into their surplus money, and deciding whether or not to invest. the nervousness that is created if they should change the rating, they will not drop us to b bonds , i guarantee you, but even if they were to drop bus bounced -- drop us down to double a, there would be feared. fear drives a lot of dangerous thing. host: you're on your way to the conference meeting. what will happen in that room today? guest: i believe we will have presentations about what some of the thinking heads of this country think will happen if the debt ceiling is not increased, but i'm not certain about that. i think we will have discussions about negotiations that have been
that is the big issue. the issue that the gentleman makes -- moodys, standard and poor's, and others, that is where those who put their money with us look to see if there is something to be nervous about. nervousness in the business world and the investment world is creating a lot of the issues we have right now. it is the unknown that keeps people from reaching into their surplus money, and deciding whether or not to invest. the nervousness that is created if they should change the rating,...
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Jul 15, 2011
07/11
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CNNW
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it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put it on the table. so there are people in both parties who are playing games with. this i just think it's a shame that a deal that would have both raised revenue, to the tax rates, and reformed entitlements and cut spending has been on the table in washington, d.c. for six months and it hasn't gotten done. >> well, i don't know of a single democrat that said that that is no big deal if we don't raise the debt -- >> nancy pelosi and others said you can't touch entitlements. >> i don't know of a single democrat that said it's not a big deal i
it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put...
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Jul 15, 2011
07/11
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the big deal. that is where we are right now and what we need. >> maria, what is the political burden? because, ultimately, all of this is viewed through a political lens. the winners and the losers. >> absolutely. >> who holds the bag? what is the political burden? >> here is the reason i believe that mitchell mcconnell ended up offering his plan. he understands, as well as other republicans who are becoming very nervous about who is going to take the blame if we do go into default, they are understanding republicans will take the blame. what they have not understood up to now when you negotiate you have to put something that is your cow on the table. they haven't done nothing to put their sacred cows on the table. president obama and the democrats have offered up changes in medicare and social security. the sacred cows for american families and don't know that because they understand we are at a crossroads. republicans do not understand that. if we go into default, they will take the blame on thi
the big deal. that is where we are right now and what we need. >> maria, what is the political burden? because, ultimately, all of this is viewed through a political lens. the winners and the losers. >> absolutely. >> who holds the bag? what is the political burden? >> here is the reason i believe that mitchell mcconnell ended up offering his plan. he understands, as well as other republicans who are becoming very nervous about who is going to take the blame if we do go...